Bank of America’s still a going concern, if you had any doubts.

I mean, banks fund short to invest and lend long, which is a kind of first-principles insolvency. But as long as you don’t have a super-concentrated, highly homogeneous, skittish deposit base that might bail on you all at once in a social media-fueled bank run, you should be ok. And Bank of America’s ok.

In fact, Bank of America’s better than ok. It’s a company positioned to “move forward in any environment,” as Brian Moynihan put it Tuesday, in characteristically perfunctory remarks accompanying Q3 results.

By appearances, it was a solid quarter for Moynihan. At $14 billion, net interest income narrowly topped estimates and rose from Q2. The sequential uptick came despite higher deposit costs.

On a YoY basis, those higher costs drove a decline. Alastair Borthwick said the bank’s focused on sequential NII growth going forward. The Fed’s 50bps rate cut didn’t help, Borthwick said later.

With both BofA and JPMorgan now having put up better-than-expected NII results for Q3, it’s fair to suggest NII erosion concerns — like those self-flagged by JPMorgan’s Daniel Pinto last month — aren’t something the average investor should lose a lot of sleep over.

Also like JPMorgan, BofA’s IB results looked pretty decent. $1.4 billion in revenue was a beat. The Street was looking for $1.24 billion.

Total IB fees were lower versus Q2 on slippage in debt and equity underwriting, but advisory was the strongest since Q4 of 2023.

Trading results looked good. “Solid.” Whatever. Choose a synonym. FICC rose 8% YoY to $2.94 billion versus $2.77 billion seen. Equities trading brought in $2 billion, up 18% and $200 million better than analysts expected. Overall trading revenue of $4.94 billion beat by $400 million.

Running quickly through the rest of the results, wealth management revenue of $5.76 billion was a comfortable beat, the provision was in-line at $1.54 billion, non-interest expenses were likewise right on expectations at $16.48 billion, comp costs were as-expected, deposits of $1.93 trillion matched estimates exactly and total loans and leases rose slightly to $1.06 trillion.

Large numbers, everybody. Large numbers. Consult your favorite Wall Street bank analyst for hot takes and nuance if you’re inclined, but suffice to say Bank of America customers can rest easy: If the whole world goes to hell in a handbasket (and it kinda is, on the off chance you haven’t noticed) the house of Moynihan, like Jamie’s “fortress,” will be among the very last to burn. Just be sure to get in before they raise the drawbridge.